New Delhi: Jewellery retailer Kalyan Jewellers is planning to expand its retail footprint by opening 11 showrooms in August this year, the company said in a press release on Thursday. The company plans to expand its operations across key non-South markets to further strengthen its presence at a pan-India level, according to the release. “As…
London: British fashion retailer Next raised its guidance for annual profit by 10 million pounds ($12.7 million) to 845 million pounds on Thursday, after full price sales and the end-of-season summer sale came in ahead of forecasts. The upgrade from Next, which is considered a barometer of how British consumers are faring as it trades…
Public sector lender State Bank of India (SBI) has taken PC Jeweller to the National Company Law Tribunal (NCLT) with a plea to initiate insolvency proceedings against the city-based jewellery manufacturer and retailer claiming a default. A Delhi-based principal bench of NCLT had issued a notice to PC Jeweller last week directing it to file…
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